In a remarkable display of trading prowess, a user known as @LawliettesLab has transformed an initial investment of $16,000 into a staggering $10,800,000 by capitalizing on the recent surge in the BONK! ($BONK) token price. The trader shared a tweet screenshot showcasing unrealized profits and losses on ByBit, highlighting a 6x leveraged bet on $BONK.
The price of $BONK has experienced an impressive 120% surge in the past two days alone, contributing to an extraordinary gain of over 13,000% in just a little over one month, equivalent to more than 130x.
The latest upswing in $BONK’s value followed its unexpected listing on Binance, the largest cryptocurrency exchange globally.
$BONK, described as a Solana-based meme coin inspired by dogs, currently holds a market cap of approximately $1.7 billion. This makes it the third-largest meme coin, surpassing Pepe Coin and trailing behind Dogecoin and Shiba Inu.
A Twitter user, @wizardofsoho, lauded @LawliettesLab as “the goat” and suggested that the crypto bull market is reaching unprecedented levels. He emphasized that crypto investors are just one trade away from potentially making millions, and a modest investment of around $5,000 can kickstart this journey.
In a follow-up tweet, @wizardofsoho, who appears to be an active trader himself, outlined his daily profit targets, aiming for $1,000 in the bear market and $20,000 in the bull market.
Pro-Trader Eyes TG.Casino – a New GambleFi Coin
The trader @wizardofsoho is closely monitoring TG.Casino, an innovative crypto gambling protocol. In November, he commended the protocol for obtaining KYC approval from AssureDeFi, emphasizing the importance of investor security and transparency.
TG.Casino is a Telegram-based, blockchain-powered GambleFi protocol that has been operational for a few months. It allows users to engage in classic casino games using cryptocurrency, leveraging the transparency and decentralization of blockchain technology.
Several high-profile traders, including @wizardofsoho, have praised TG.Casino’s innovative GambleFi platform. The protocol has already raised over $4 million through its presale of the native $TGC token. Early investors are enjoying yields of around 156%, and the protocol’s planned token buyback scheme aims to provide passive income to $TGC token stakers through token burns.
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